About Bolenum

Bolenum is a cryptocurrency and financial services provider targeting the African continent for a start and then expanding globally. Our platform provides secured and simple means of sending, receiving and exchanging money of all forms. It shall currently provide services in Egypt, Nigeria, Ghana and South Africa.

Basic Information

Token Name

Bolenum

Token Sale

BLN

Social Media

Token Price

0.0038 USD

Platform

Ethereum

Total Supply

10.0 million BLN

Country

Nigeria

Accepting

ETH

Whitepaper

Click Here For View Whitepaper

Website

Click Here For Visit ICO Homepage

Welcome to the Bolenum Platform

Bolenum is a cryptocurrency and financial services provider targeting the African continent for a start and then expanding globally. Our platform provides secured and simple means of sending, receiving and exchanging money of all forms. It shall currently provide services in Egypt, Nigeria, Ghana and South Africa.

They have an ecosystem of financial and crypto currency services aimed at providing the global south the much needed penetration into the world of cryptocurrency trading.

The Boleno token

Boleno (BLN) is the native token which is the base asset of Bolenum. The project seeks to create an end to end remittance service powered by the Ethereum blockchain.

The Boleno BLN token shall be the fuel of the whole Bolenum Project, powering its ecosystem and transferring value across its network. The BLN token shall be utilized for secured payment remittances, withdrawal to any local African fiat currency, shopping on the Bolenum marketplace, payment for transaction fees on the Bolenum Exchange, payment for new listing of other digital assets and a host of other usage

The issue

Cryptocurrency and blockchain technology have not seen an even global adoption. Certain regions, such as Asia, both eastern and western Europe, and North America, have seen widespread adoption whereas the rest of the global south has not adopted blockchain or cryptocurrency to the same degree. These regions, and in particular the African continent, are missing out on the huge opportunity thatcryptocurrency presents for wealth building and supporting new and better technologies. There are multiple roadblocks to African participation in cryptocurrency. The first reason is a lack of publicity and knowledge around cryptocurrency.

Solution

The Bolenum project will provide the first ethereum based token and exchange system that is explicitly aimed at increasing African participation in cryptocurrency. The main aspects of this project are the Boleno tokens, the innovative and secure exchange system, and a flexible wallet system.

The Boleno Token

The Boleno token or BLN will serve as the currency of the Bolenum project. These tokens act as a store of value and a secured payment instrument for transactions. Using the Bolenum exchange, they will be exchangeable into local African fiat currencies such as the Naira or foreign fiat currencies such as the US dollar. The Boleno tokens will also be able to be traded on third party cryptocurrency exchanges as well as the Bolenum exchange.

The Exchange System

The Boleno Exchange will combine the traditional exchange characteristics with a marketplace twist where peer-to-peer trading as well as peer-to-central fiat funding are available. Users will be able to withdraw Boleno into their fiat currencies as well as buy Boleno directly with a wider range of African fiat currencies than currently offered by any exchange. Traders are able to view order books as well as historical performance data to be able to make informed trade decisions. Boleno tokens will also be able to be traded on standard exchanges as well. The tokens will be added to these large exchanges beginning after the conclusion of the ICO.

The Wallet System

Bolenum will provide a Bolenum wallet that is fully compatible with the Bolenum exchange and that allows for easy withdrawal and purchase of tokens. Holders of Boleno tokens can also use any wallet that supports Ethereum ERC20 contracts which allows for flexibility for token holders to use whichever service they prefer most.

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This article is writing on 12 July 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: support@coinworldstory.com Or Whatsapp Us- +13098896258

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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 2100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.